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TREAS/FMS RIN: 1510-AB25 Publication ID: Fall 2010 
Title: Indorsement and Payment of Checks Drawn on the United States Treasury 
Abstract: The Department of the Treasury, Financial Management Service (FMS), is amending its regulation governing the indorsement and payment of checks drawn on the United States Treasury, to provide Treasury with authority to debit a financial institution's reserve account at the financial institution’s servicing Federal Reserve Bank for all check reclamations that the financial institution has not protested. Financial institutions will continue to have the right to file a protest with FMS if they believe a proposed reclamation is in error. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 240   
Legal Authority: 5 USC 301    12 USC 391    31 USC 321 3712    31 USC 3327    31 USC 3328    31 USC 3331    31 USC 3334    31 USC 3711    332 USC 234 (1947)    318 USC 363 (1942)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  01/04/2010  75 FR 95   
NPRM Comment Period End  03/05/2010    
Final Action  12/00/2010    
Final Action Effective  01/00/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Federal 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Larry Phelps
Management and Program Analyst
Department of the Treasury
Financial Management Service
3700 East-West Highway, Room 7-D-24,
Hyattsville, MD 20782
Phone:202 874-8263
Email: larry.phelps@fms.treas.gov

William Erle
Senior Attorney
Department of the Treasury
Financial Management Service
Room 536, 401 14th Street SW.,
Washington, DC 20227
Phone:202 874-6680
Email: william.erle@fms.treas.gov